Husky Energy Inc. (HUSKF) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Husky Energy Inc. (OTCMKTS:HUSKF) have earned an average rating of “Hold” from the seven research firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $23.00.
A number of research analysts have recently weighed in on the stock. CIBC assumed coverage on shares of Husky Energy in a research report on Friday, October 5th. They set a “neutral” rating for the company. Credit Suisse Group reissued a “buy” rating on shares of Husky Energy in a research report on Tuesday, October 30th. Finally, TD Securities downgraded shares of Husky Energy from a “buy” rating to a “hold” rating in a research report on Monday, October 1st.
OTCMKTS:HUSKF opened at $12.83 on Tuesday. Husky Energy has a 52 week low of $11.79 and a 52 week high of $17.59.
Husky Energy Inc, together with its subsidiaries, operates as an integrated energy company. It operates through two segments, Upstream and Downstream. The Upstream segment engages in the exploration for, and development and production of crude oil, bitumen, natural gas, and natural gas liquids; marketing of the company's and other producers' crude oil, natural gas, natural gas liquids, sulphur, and petroleum coke; pipeline transportation and blending of crude oil and natural gas; and storage of crude oil, diluent, and natural gas.
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